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Luxury Flex Warehouse Unit
For Sale
$189,900

5384 Commerce Boulevard, Indian River, MI 49749

COMMERCIAL - Indian River, MI

Property Size1,475 SF
Price / SF$128.75
Days on Market438

Property Features for 5384 Commerce Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning L Ind
Parking features Parking Lot, Assigned
Subdivision T35N,R2W
Directions From Indian River, Head East on M-68 then a right on Commerce Blvd. Take an immediate right into storage units.
Standard status Active
APN 162-030-300-001-17 parent
Size 1,475 SF

Taxes and HOA fees

Tax Description part of COM W1/4 COR SEC 30, T35N,R2W; TH S 89D 28' 28'' E ALG E-W 1/4 LI 764.33FT (RECD 764.29FT) TO 1/2'' BAR; TH S 89D 28' 28'' E ALG SD 1/4 LI 1413.21FT; TH S 38D 30' 23'' E 725.94FT TO POB; TH N 51D 27' 00'' E 729.72FT TO CONC MONU ON ROW OF ;...
HOA Fee $100 Monthly
Legal Description part of COM W1/4 COR SEC 30, T35N,R2W; TH S 89D 28' 28'' E ALG E-W 1/4 LI 764.33FT (RECD 764.29FT) TO 1/2'' BAR; TH S 89D 28' 28'' E ALG SD 1/4 LI 1413.21FT; TH S 38D 30' 23'' E 725.94FT TO POB; TH N 51D 27' 00'' E 729.72FT TO CONC MONU ON ROW OF ;...

Utilities

Water source Well

Building Details

Floors in Building 2
Building materials Steel Siding, Block
Listing Agency: COLDWELL BANKER SCHMIDT INDIAN RIVER
Listed By: Billy Andrew · License #6506045131
Added: May 21, 2025 Changed: Jun 11 Last Checked: Aug 1 at 5:06PM
MLS# 201834779

Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brand-new luxury flex warehouse unit offers 24’ x 60’ of enclosed space with a spacious mezzanine measuring 24’ x 15’. The mezzanine can support an office, personal lounge, or private storage arrangement. On the main level, the unit includes a half bath, a rinse tub, and a cold water spigot, along with efficient heating for year-round comfort.

The property is zoned light industrial (L Ind) and is located at 5384 Commerce Boulevard in Indian River, MI. It is positioned for convenient access to downtown Indian River and the shores of Mullett and Burt Lake, providing practical proximity for personal and commercial use.

With its oversized 16’ x 16’ garage door and Liftmaster opener, the space is designed to accommodate boats, RVs, or other Northern Michigan toys, while still functioning as a work-ready storage and workspace option. The combination of open warehouse area, mezzanine flexibility, and on-site plumbing makes it a straightforward fit for users seeking an enclosed, light-industrial environment for storage, light work, and mixed office or personal use.

Key Highlights

  • Brand new 24' x 60' luxury storage/workspace unit with a 24' x 15' mezzanine
  • Main level includes a half bath, rinse tub, and cold water spigot
  • Efficient heating for year‑round comfort

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Building Supply Auto Repair Shop Auto Parts Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby

Demographics for 49749, MI

4,087
Population
3,995
Households
1
Avg Household Size
52
Median Age
33%
College-Educated
90%
High-School Grad
64.8 sq mi
ZIP Area
63
Density / Sq Mi
$66,604
Median Household Income
$36,471
Median Earnings
$862
Median Rent
$202,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Brand-new light industrial unit with mezzanine office/storage, half bath, and a large 16x16 garage door for oversized vehicles.
Where is this flex space located?
The property is located at 5384 Commerce Boulevard Indian River, MI.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Brand new 24' x 60' luxury storage/workspace unit with a 24' x 15' mezzanine; Main level includes a half bath, rinse tub, and cold water spigot; Efficient heating for year‑round comfort
More about this property
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